SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

POWERS EDWARD A

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
DCB FINANCIAL CORP [ dcbf.ob ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2014

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
DCB Financial Corp Common Stock	04/01/2014		P		354	A	$6.55	37,765	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
DCBF Employee Stock Options-Calls	$23.4							06/23/2005⁽¹⁾⁽²⁾	06/22/2014	DCB Financial Corp Common Stock	213		4,858	D
DCBF Employee Stock Options-Calls	$25.4							06/13/2006⁽¹⁾⁽³⁾	06/12/2015	DCB Financial Corp Common Stock	196		4,858	D
DCBF Employee Stock Options-Calls	$30.7							06/21/2007⁽¹⁾⁽⁴⁾	06/20/2016	DCB Financial Corp Common Stock	326		4,858	D
DCBF Employee Stock Options-Calls	$23							06/20/2008⁽¹⁾⁽⁵⁾	06/19/2017	DCB Financial Corp Common Stock	435		4,858	D
DCBF Employee Stock Options-Calls	$16.9							02/20/2009⁽¹⁾⁽⁶⁾	02/19/2018	DCB Financial Corp Common Stock	592		4,858	D
DCBF Employee Stock Options-Calls	$9							06/17/2010⁽¹⁾⁽⁷⁾	06/16/2019	DCB Financial Corp Common Stock	556		4,858	D
DCBF Employee Stock Options-Calls	$3.5							12/21/2011⁽¹⁾⁽⁸⁾	12/20/2020	DCB Financial Corp Common Stock	1,429		4,858	D
DCBF Employee Stock Options-Calls	$4.5							12/21/2013⁽¹⁾⁽⁹⁾	12/20/2022	DCB Financial Corp Common Stock	1,111		4,858	D

Explanation of Responses:

1. The options vest in five equal annual installments beginning one year after the grant date and expire ten years after the grant date.

2. Options granted 6/23/2004.

3. Options granted 6/13/2005.

4. Options granted 6/21/2006.

5. Options granted 6/20/2007.

6. Options granted 2/20/2008.

7. Options granted 6/17/2009.

8. Options granted 12/21/2010.

9. Options granted 12/21/2012.

	Edward A. Powers, by Charles M. Diersing,Attorney in Fact	04/02/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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